posted in Technology
Banks are now trying to offload the AI data center debt they just underwrote
startupfortune.com/banks-are-now-trying-to-offload-the-ai-data-center-debt-they-just-underwrote/Replying to @HaraldvonBlauzahn@feddit.org
This is what they usually do. I don’t think there’s much to see here.
Replying to @anon_8675309@lemmy.world
I don’t think the article is saying the business tactic is novel. It’s pointing out that they are having trouble executing it. Being stuck for 6 months trying to distribute $38B worth of debt is not a good indicator, especially as the AI world is still full steam ahead on generating more of this type of debt.